The Ben Shapiro Show Ep. 1580 - Here Comes The Pain
Sep 22, 2022
The latest discussion dives into the Federal Reserve's interest rate hike and its potential impacts on the economy. There's a critical look at California's governance and its connection to the state's economic downturn. Conversations highlight the clash between ideological beliefs in economics and the harsh realities facing citizens, especially regarding inflation and unemployment. The podcast also tackles the complexities of energy policy amidst geopolitical challenges while examining the shortcomings of current political leadership.
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Economic Pain Predicted
- The Federal Reserve's interest rate hikes signal economic pain.
- This is due to rampant inflation and the Fed's attempt to control it.
Investment Strategy for Downturns
- Economic downturns present opportunities to get rich.
- Buy assets when the market is down and sell when it's up.
Bank CEOs' Concerns
- Bank CEOs are concerned about the U.S. economy.
- They warn of risks from high inflation and rising interest rates.
